MONTREAL – Economies should implement structural and social reforms, and use the economic flux to invest in green energy to jumpstart growth, according to the Secretary-General of the Organisation for Economic Co-operation and Development.

Greece has made an "enormous" reform effort since its debt crisis broke out and its international lenders must now grant the country debt relief, OECD chief Angel Gurria said on Monday.
Gurria, who met Greek Prime Minister Alexis Tsipras in Athens, urged Greece to continue with reforms after its third international bailout expires in August.
"I want to congratulate the entire Greek people for an enormous reform effort, it was a very ambitious reform package," he...

Visiting OECD Secretary General Angel Gurria said on Sunday that Israeli economic growth was likely to continue to outpace the average in the club of developed nations in the near future.Speaking to Israel's army radio, Gurria said the latest data on growth in Gross Domestic Product (GDP) from the Organisation for Economic Cooperation and Development were "good news for Israel."

An interesting article via Euromoney (January 14, 2013) on European banks facing EUR400bn in capital shortfall estimated by the OECD.A quote:"A chief gripe is the extent to which European banks have refused to acknowledge their losses and write down bad loans, echoing the comedy of errors that has blighted Japan in recent decades.

LONDON (Reuters) - Markets are relatively patient about the budget-cutting efforts of Britain, the United States, Germany and Japan, but that could change if governments are slow to act, OECD chief Angel Gurria said on Thursday.